Dependency and Hegemony in Neoliberal South Africa

Rex A. Mc Kenzie ()
Additional contact information
Rex A. Mc Kenzie: Kingston University London
Authors registered in the RePEc Author Service: Rex A. McKenzie

No 2017-4, Economics Discussion Papers from School of Economics, Kingston University London

Abstract: This article is about South Africa in the post-apartheid period. It has two aspects; first it examines the social and political process through which the African National Congress (ANC) shifted its emphasis away from the construction of the nationalist project (as defined by its 1955 Freedom Charter), towards a world view that privileges markets as the main organising mechanisms in society. Inevitably, accompanying this shift to neoliberalism there has been a corresponding surrender of macroeconomic economic policy autonomy. Such policy is now geared to propitiating global markets that periodically exhibit high degrees of instability. The question arises – how is the ANC able to manage two diametrically opposed tendencies without social upheaval and dislocation? The answers proffered here centres on hegemonic and dependency dynamics that are in motion in contemporary South Africa.

Keywords: South Africa; Neoliberalism; African National Congress (search for similar items in EconPapers)
JEL-codes: N17 O11 O20 O55 P16 (search for similar items in EconPapers)
Pages: 22 pages
Date: 2017-11-01
New Economics Papers: this item is included in nep-pke
References: Add references at CitEc
Citations:

Downloads: (external link)
http://staffnet.kingston.ac.uk/~ku33681/RePEc/kin/papers/2017_004.pdf Full text (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ris:kngedp:2017_004

Access Statistics for this paper

More papers in Economics Discussion Papers from School of Economics, Kingston University London Kingston University London, School of Economics, Penrhyn Road, Kingston upon Thames, Surrey, KT1 2EE, UK. Contact information at EDIRC.
Bibliographic data for series maintained by Andrea Ingianni ().